Industry Trends

Rupee rebounds sharply as RBI intervention snaps five-day losing streak

The rupee snapped a five-day slide to post its strongest one-day gain in two months, rising 65 paise to 90.38 per dollar, amid suspected RBI intervention, heavy dollar selling by public banks, thin trading volumes and reassurance from strong forex reserves

Industry Trends

OnePlus 15R Launched in India With 7,400mAh Battery, Snapdragon 8 Gen 5 SoC: Price, Specifications

OnePlus 15R has been launched in India and the handset will be available in the country via Amazon, OnePlus India online store, and other offline retail channels in three colourways. The new smartphone is powered by Qualcomm’s new octa core Snapdragon 8 Gen 5 chipset, which is built on a 3nm process. The phone is equipped with a 7,400mAh silicon-carbon battery. It supports 80W wired fast charging, too. The new OnePlus 15R sports a 6.83-inch display, which delivers up to 165Hz refresh.

Industry Trends

NVIDIA picks CloudThat as First Education Services Partner in India

CloudThat’s NVIDIA-certified trainers will offer learners access to GPU labs, curated environments, pre-built models, and AI tools. The post NVIDIA picks CloudThat as First Education Services Partner in India appeared first on Analytics India Magazine.

Industry Trends

Cyient subsidiary to acquire 65% stake in Kinetic Technologies for $93 million

Kinetic Technologies, incorporated in 2006, specialises in analog and mixed-signal design, delivering high-performance ICs for efficient power delivery and signal conditioning across global markets. Shares of Cyient Ltd ended at ₹1,136, down by ₹13.80, or 1.20%, on the BSE today, December 17.

Industry Trends

MobiKwik appoints Navdeep Singh Suri as chairperson

MobiKwik Systems Ltd appoints Navdeep Singh Suri as chairperson, succeeding Upasana Taku, to boost governance. Suri brings diplomatic expertise and board experience to the role. Shares of MobiKwik ended 1.82% lower at ₹231.50 on the BSE today, December 17.